AMAG Austria Metall AG (WBO:AMAG) Debt-to-Equity : 0.00 (As of Dec. 2023)

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What is AMAG Austria Metall AG Debt-to-Equity?

AMAG Austria Metall AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0 Mil. AMAG Austria Metall AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0 Mil. AMAG Austria Metall AG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €746 Mil. AMAG Austria Metall AG's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for AMAG Austria Metall AG's Debt-to-Equity or its related term are showing as below:

WBO:AMAG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0
Current: 0.87

WBO:AMAG's Debt-to-Equity is ranked worse than
84.75% of 1305 companies
in the Metals & Mining industry
Industry Median: 0.13 vs WBO:AMAG: 0.87

AMAG Austria Metall AG Debt-to-Equity Historical Data

The historical data trend for AMAG Austria Metall AG's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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AMAG Austria Metall AG Debt-to-Equity Chart

AMAG Austria Metall AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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AMAG Austria Metall AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															-	1.07	-	0.87	-

Competitive Comparison of AMAG Austria Metall AG's Debt-to-Equity

For the Aluminum subindustry, AMAG Austria Metall AG's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

AMAG Austria Metall AG's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, AMAG Austria Metall AG's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where AMAG Austria Metall AG's Debt-to-Equity falls into.

AMAG Austria Metall AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

AMAG Austria Metall AG's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	0)	/	746.279
	=	0.00

AMAG Austria Metall AG's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	0)	/	746.279
	=	0.00

AMAG Austria Metall AG (WBO:AMAG) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

AMAG Austria Metall AG Debt-to-Equity Related Terms

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AMAG Austria Metall AG (WBO:AMAG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » AMAG Austria Metall AG (WBO:AMAG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

AM8:Germany

Address

Lamprechtshausener Strasse 61, P.O. Box 3, Braunau-Ranshofen, Ranshofen, AUT, A-5282

Website

https://www.amag-al4u.com

AMAG Austria Metall AG produces and sells high-quality cast and rolled aluminum products. The firm organizes its segments based on function. The metal segment purchases aluminum scrap and produces aluminum. The casting segment produces high-quality cast aluminum alloys for use by the automotive and electrical engineering industries. The rolling segment, which generates the majority of revenue, manufactures high-quality rolled aluminum products such as sheets, strips, and plates for use in the automotive, sports, engineering, and transportation markets. The segment also produces foil for packaging industries. The majority of revenue is generated in Western Europe and Austria.